Preview

Online Sales Monitoring and Inventory System

Powerful Essays
Open Document
Open Document
924 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Online Sales Monitoring and Inventory System
1.0 BACKGROUND OF THE STUDY
The problem of the conducted research is about the company’s sales monitoring and inventory system. Keeping records of sales and inventories manually are the current method used by the company. Due to this current method of inventory system, the company has encountered several problems regarding the monitoring and stocks checking. KONEK.COM management once said, “Manual method is very hassle and time consuming process of inventory. It has many drawbacks as there are many mistakes while recording large data and it disturb some important transaction sometimes”.
Upon hearing this, the researchers developed a system which will help the management keep record of inventories in systematic way and help them produce report about the inventory or stock currently available in their store in automatic way. Through this the hassleness and committing mistakes while recording large data could be avoided. Also the work of the management and the time consume during inventory will be minimize. KONEK.COM is a hardware store located at Mabini St., Molave Zamboanga del sur. It was owned and managed by Mr. & Mrs. Roy Megapatan. They started at a very small scale business selling cell phone accessories. But because of the company’s dedication for hard work and determination to rise among others, the very small hardware store becomes one of those who are trusted when it comes to supplying electronic devices such as computers, computer accessories, cell phones, cell phone accessories, flash drives and etc. in its community. Today KONEK.COM, having three branches with in the municipality, boasts its tag as one of its community’s leading hardware store.

1.1 OVERVIEW OF THE CURRENT STATE OF TECHNOLOGY The ever rapidly advancing technology of this day causes many changes throughout the world. Businesses are no exception; the introduction of new technology within the company effects numerous departments. Keeping records and inventory numbers by paper

You May Also Find These Documents Helpful

  • Good Essays

    Cis 210

    • 312 Words
    • 2 Pages

    In today’s “tech” and competitive world, businesses are in transformation from manual inventory system to automated inventory system, including small businesses. Automated Inventory systems can reduce costs, retain the existing customers and gain profits. It can replace the time consuming manual process by providing more accurate data. Every business should have a proper inventory system in order to track whether the store is running out of the stock of an important item or there are some items that are obsolete. Nowadays, automated system is used almost by all the retailers, grocery stores and manufacturing companies. A good inventory control system will alert the retailer when it is time to reorder (www.barcodesinc.com). Automated inventory system will keep the competitive advantage of your company and increase the value of your business.…

    • 312 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Pos and Inventory System

    • 313 Words
    • 2 Pages

    Using the traditional method to asses inventory by writing down the inventory information into the logbook and creating sales receipt for the customers is done manually and is time consuming these are common problem encountered by the company of Dexter’s Pizza. To be able to improve the business transaction of Dexter’s Pizza the proponents propose computerized sales and inventory System. Through…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ch2 Draft

    • 422 Words
    • 2 Pages

    Under the Korean Red Ginseng Enterprise Sales and Inventory System, the researcher came up with a computerized inventory system. The proponents used database for easy access of files and for easier and faster processing of the inventory. The system also helped the user to know the availability of the products. It also helped the manager to monitor the stocks and to get immediate notice for acquisition of additional products.…

    • 422 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Theoretical Framework

    • 484 Words
    • 2 Pages

    The team proposed the Daily Sales and Inventory Management System is the volitional break of the operative material flow; and thus deliberately composed stocks develop. Inventory System needs a storage that means a room, building or area to store the item. The in-pouring items are called storage input, the outpouring items storage output. Therefore inventory system contains all activities and considers all consequences, which are connected with the storage of items. On the one hand there is the mere technical and logistical aspect of inventory control, for example the storage layout. On the other hand there are general questions, which are related to the total stock of accompany.…

    • 484 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Technology advances as it changes through the times. However, despite this advancement in technology, Ding-Dong Hardware in Glan, Sarangani Province still uses the manual process in their inventory. The Ding-Dong Hardware finds it hard; hence, the database of a systematic inventory was conceived.…

    • 664 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Marketing and Inventory

    • 1148 Words
    • 4 Pages

    Under the Korean Red Ginseng Enterprise Sales and Inventory System, the researchers came up with a computerized sales and inventory system. The proponents used database to easy access of files and for easier and faster processing of the selling and inventory transaction. The program was designated to generate reports such as monthly reports, inventory reports, sales invoice and list of items.…

    • 1148 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The Conducted Research

    • 503 Words
    • 3 Pages

    Today KONEK.COM, having three branches with in the municipality, boasts its tag as one of its community’s leading hardware store.…

    • 503 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The system will benefit the staff to have an easy control of goods in the store and what is in the warehouse. In addition, it is aimed to provide accurate information on products and it will be an easier way to effectively calculate products sold and balance of stock. Employees will be motivated to adopt the new system since it will be an easier way to manage the inventory. The report is also aimed at providing an enhanced customer service experience at DBRS by implementing an inventory management system which will have the ability to generate reports, maintain the balance of the stock and have details about the purchase and sales in the…

    • 1057 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Thesis Chapter1

    • 1464 Words
    • 6 Pages

    The main aim of sales and stock inventory system is to hold the inventory records accurately and a healthier sales transactions with their costumers and suppliers. Manual recording is really giving them hard time in going thru further for their business. And because they include big names in the appliance industry with a number of clients around the Cebu province, they need to provide an accurate records of their transactions including their inventory as much as well. They also want to have a more secure business flow, and for a well-organized inventory and transaction records. To necessary avoid chaos when it comes to storing information. They believe that having a healthy system for their company is another way of showing their professionalism in the business industry.…

    • 1464 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Sales and Inventory

    • 2741 Words
    • 11 Pages

    Nowadays, technology is getting broad, Computerized Sales and Inventory System is a new technology in the world of business. Our system benefits our client on saving information, high security on files and gives more accurate information about business.…

    • 2741 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Local studies

    • 296 Words
    • 1 Page

    After the gathered data, identified and analyze the problems, the developers came up with developed Computerized Inventory Management System with Equipment Monitoring. The system would be able to solved its problem relative to their current inventory system if and when developed system in completely implemented for its full used.…

    • 296 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    manual inventory systems is that they can be highly labor-intensive to operate. They require continuous monitoring to ensure that each transaction is accounted for and that products are maintained at the appropriate stocking levels. It is also more difficult to share inventory information throughout the business, because the lack of computerization makes accessing inventory records a more cumbersome process. The time spent monitoring inventory levels could be used on more productive activities for the business.…

    • 1116 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Thesis: Inventory Control

    • 4783 Words
    • 20 Pages

    With these things in mind, we hope upon the completion of our proposed system, retailing inventory system will provide an easy way and an accurate way to know the ending balance of a business’ inventory especially made for small-scale merchandising business such as groceries. Through the use of this system, loss will be minimized and greater client satisfaction will be achieved. In this way, on the part of the business, they will know immediately the most demanded products, and will help them avoid over stocking of products. It will also help in knowing if they are earning their desired profit, or already undergoing a loss, and all the transactions dealing with their products will be input effortlessly. Through the help of this system you conduct business transactions with ease as you only have to press a few keys. At the end of the day, all transactions will be properly documented and generation of reports will just be a few steps away.…

    • 4783 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    To ease the problems that are being encounter by the store, the proposed Computerized Sales and Inventory system is designed to improve their every task. The proposed system will help them in computing and recording the sales per day, monitoring of the products to avoid the out-of-stock. It will also help in monitoring the expiration of the product and adjusting the number of stocks.…

    • 634 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This particular system can improve the way, the small and mid-sized businesses do their inventory and sale transactions. It will aid some of the common problems facing by business industries, that in this era of modernization, still using a manual process of inventory. Common problems like slow inventory process, lost records, inventory shortages, and high risk of errors can affect the whole business. A manual POS Inventory System can affect the whole business process in terms of sales and confidential document security because a manual process is not reliable enough. It has a high risk of making an error which…

    • 926 Words
    • 4 Pages
    Good Essays